Strategy sells 3,588 Bitcoin to chase S&P credit rating upgrade
Strategy's Bitcoin sale aims for a credit rating boost, potentially lowering borrowing costs and signaling financial discipline to investors.
Brazilian crypto exchange Mercado Bitcoin has raised $20 million in fresh investment from USDT stablecoin issuer Tether.
The Federal Reserve publishes the minutes of its June 16–17 meeting on Wednesday at 2 p.m. ET, and the release will either validate Bitcoin's week-long recovery or pull out its foundation. Traders bought the rebound on a single macro assumption: a weakening US labor market limits how long the central bank can stay hawkish.
July 7, 2026, 8:20 pmBitcoin reclaimed the $64,000 mark following a brief flash crash to $62,800, bringing its total July gains to nearly 10%. Analysts Eye a Potential Floor Bitcoin reclaimed $64,000 on Tuesday, just hours after it dipped to $62,800, maintaining its July upward momentum.
July 7, 2026, 6:52 pmStrategy's Bitcoin sale aims for a credit rating boost, potentially lowering borrowing costs and signaling financial discipline to investors.
Market maker Wintermute remains cautious, suggesting that recent Bitcoin action is a relief rally rather than a fundamental market change.
Zug, Switzerland, July 7th, 2026, Chainwire. Premium virtual assets pioneer BTCS (Middle East) Ltd. is now fully authorized by the Financial Services Regulatory Authority (FSRA) of ADGM, enabling regulated institutional services across the UAE.
Tether announced earlier today, July 7, that it will put $20 million into a growth financing round for Mercado Bitcoin, a Brazilian firm.
The divergence between AI stocks and crypto suggests shifting investor sentiment, highlighting potential changes in market correlation dynamics.
USDT's return to Bitcoin via RGB could reshape stablecoin dynamics, enhancing Bitcoin's utility and challenging existing blockchain dominance.
Bitcoin came off two-week highs while US stocks dipped and John Bollinger described BTC price action as "at a critical point."
Bitcoin's dominance dropped to a one-month low of 54%, down from 58.12%, according to CoinGecko's dominance table. Over the same stretch, the “Others” bucket, representing everything outside Bitcoin, Ethereum, and stablecoins, climbed from 19.39% to 24.68% of total crypto market cap.
Reduced exchange supplies of Bitcoin and Ethereum may lead to increased price pressures, reflecting a shift towards long-term holding and institutional interest.